Related Categories

Competitive new fixed rate savings bond from the Yorkshire

Yorkshire Building Society is adding to its savings portfolio with a competitive new fixed rate bond for longer-term savers.

The bond - which offers a return of 2.50% gross/AER - matures on 30 April 2018 and is available from all Yorkshire branches and agencies from Saturday, 6 April.

"This competitive new fixed rate bond offers savers a higher interest rate if they want to put away their money for the longer term," said Yorkshire Building Society product manager Emma Golden.

"It's a straightforward product and adds to the Society's savings portfolio, to offer more choice for investors who don't need access to their cash straightaway."

The bond can be opened with a minimum of £1,000 and permits a maximum balance of £2 million. Savers can choose to receive interest annually or monthly and no withdrawals are permitted during the term of the product.